diff --git a/.github/workflows/bump_version.yml b/.github/workflows/bump_version.yml
index a5bd82d..62ea961 100644
--- a/.github/workflows/bump_version.yml
+++ b/.github/workflows/bump_version.yml
@@ -47,12 +47,20 @@ jobs:
           ORG_GRADLE_PROJECT_signingInMemoryKeyPassword: ${{ secrets.SIGNING_PASSWORD }}
           ORG_GRADLE_PROJECT_signingInMemoryKey: ${{ secrets.GPG_KEY_CONTENTS }}
 
+      - name: Update README.md in place
+        shell: bash
+        run: |
+          VERSION="${{ steps.version-extract.outputs.version_name }}"
+          sed -i '' -E "s|implementation\(\"com\.bngdev\.formatk:[^\"]*\"\)|implementation(\"com.bngdev.formatk:${VERSION}\")|g" README.md
+          sed -i '' -E "s|implementation 'com\.bngdev\.formatk:[^']*'|implementation 'com.bngdev.formatk:${VERSION}'|g" README.md
       - name: Commit version bump
+
         run: |
           git config user.name "CI Bot"
           git config user.email "ci-bot@kkalisz.com"
           git add gradle.properties
-
+          git add README.md
+          
           git commit -m "Bump version to ${{ steps.version-extract.outputs.version_name }} for branch ${{ steps.branch-names.outputs.current_branch }} [skip ci]"
           git push origin HEAD
 
diff --git a/README.md b/README.md
index 70dcdc3..6d6aa8f 100644
--- a/README.md
+++ b/README.md
@@ -30,7 +30,7 @@ FormatK supports the following Kotlin Multiplatform targets:
 
 ```kotlin
 dependencies {
-    implementation("com.bngdev.formatk:<VERSION>")
+    implementation("com.bngdev.formatk:0.0.1")
 }
 ```
 
@@ -38,7 +38,7 @@ dependencies {
 
 ```groovy
 dependencies {
-    implementation 'com.bngdev.formatk:<VERSION>'
+    implementation 'com.bngdev.formatk:0.0.1'
 }
 ```